ASEAN AIR TRANSPORTATION SECTOR HAS HOMEWORK AHEAD TO HIT AMBITIOUS SINGLE AVIATION MARKET GOAL
May 22nd, 2015
The Association of Southeast Asian Nations (ASEAN), an increasingly dynamic and affluent 10-member bloc with a population half the size if China’s, plans to achieve a single aviation market (SAM) by the end of 2015 as a part of its broader ambition to launch its ASEAN Economic Community (AEC). This will be a comprehensive free-trade zone, with some regulatory harmonisation as well as reduced and scrapped tariffs for intra-member state trade – but it is not border control-free market, like the Schengen zone, and that will not be achieved by December 31, when ...
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